Friday, January 13, 2017 3:32:22 PM
Dilution was meaningless at .0016% of the O/S over a 100 day period. Moreover, we expect it to happen. The S3 raises equity that ROX invests primarily in inventory and advertising. Investors can factor that in ahead of time. In fact, you should expect another S3 when the current one expires.
As far as the compensation plan: I want the insiders working at the company to be well compensated and retained. Management stability has never been a problem like it can be at other companies.
Don't forget, very few of those shares are actually granted as compensation for services such as the director grants in lieu of cash. Of the original 10 million, they still have a long way to go towards maxing that out. Raising the amount available is prudent. The overwhelming number of those shares are granted as options the executives have to buy/pay for.
As long as they don't flip them to profit, they are buying and holding for a big payday just like the rest of us. These executives never sell. They only buy and hold.
Recent ROX News
- L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - ROX • PR Newswire (Canada) • 12/27/2023 03:25:00 PM
- Canadian Investment Regulatory Organization Trade Resumption - ROX • PR Newswire (Canada) • 12/27/2023 03:21:00 PM
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - ROX • PR Newswire (Canada) • 12/27/2023 03:00:00 PM
- Canadian Investment Regulatory Organization Trading Halt - ROX • PR Newswire (Canada) • 12/27/2023 02:58:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM